Another round of hard squeeze by the shorts! This market move is pulling so aggressively that it leaves absolutely no room—straight to getting liquidated!
In the past 24 hours, the total amount liquidated across the entire network reached 592 million USD, involving 122,000 people who were liquidated.
The shorts essentially became the main “fuel”: in the past 24 hours, shorts were liquidated for 509 million USD, while longs were only 82.46 million USD. Just over the last 12 hours alone, shorts accounted for 103 million!
This market move once again proves an old saying: once a trend is established, holding positions against the trend only adds fuel to the broader market.
To everyone who blindly goes short or blindly holds on—remember to respect the market and set your stop-loss properly. The more crazily the market moves, the more important risk control comes first.
In the past 24 hours, the total amount liquidated across the entire network reached 592 million USD, involving 122,000 people who were liquidated.
The shorts essentially became the main “fuel”: in the past 24 hours, shorts were liquidated for 509 million USD, while longs were only 82.46 million USD. Just over the last 12 hours alone, shorts accounted for 103 million!
This market move once again proves an old saying: once a trend is established, holding positions against the trend only adds fuel to the broader market.
To everyone who blindly goes short or blindly holds on—remember to respect the market and set your stop-loss properly. The more crazily the market moves, the more important risk control comes first.
